
AI-generated summary
Taiwan stocks were volatile during the session on Monday, with optoelectronic and financial stocks bucking the trend.
Investment Bank strongly supported Taiwan stocks and bought 7.1 billion, but backhandedly slashed 5,765 shares of KYEC. (File photo)
On Monday (12th), Taiwan stocks pulled back on popular stocks such as TSMC. The index once fell by more than 500 points, falling to 4930. Fortunately, stocks in the optoelectronics, finance, shipping and other sectors bucked the trend and the index pulled sharply. It ended up falling 11 points to close at 4930. At 1 o'clock, although Investment Trust supported the purchase of Taiwan stocks for over 7.124 billion yuan, it backhandedly slashed 5,765 shares of KYEC. Affected by this, the stock price overturned. It once backtested to 294.5 yuan, and finally held on to 300 yuan, down 1.48%.
The top 10 stocks sold by Investment Trust on Monday were KYEC Electronics (2449) with 5765 shares, Mega Gold (2886) with 4882 shares, Taiwan High Speed Rail (2633) with 1145 shares, Jingshuo (3189) with 907 shares, and Fusco Da (6805) 858, Delta (2308) 845, Nanya (1303) 791, Xinxing (3037) 780, Nanjing (8046) 632, Xingfufa (2542) 508.

Taiwan stocks fell 11 points to close at 49,301 points on Monday. Although foreign investors continued to sell more than 52.198 billion yuan, they bucked the trend and bought 37,200 shares of Taishin Shin Kong Gold, causing its stock price to surge 4.88% to close at 43 yuan, and the trading volume increased to 62,400 contracts.
The State Post Bureau introduced the progress of the special postal pilot project of "Express Delivery to Villages". As of the end of August, 2,939 of the 17 pilot counties had implemented "express delivery into villages" through the postal service, completing the pilot goals set at the beginning of the year and effectively smoothing the rural economic cycle.

Kyrgyzstan’s First Deputy Prime Minister Amanglidiev stated on the 12th that Kyrgyzstan is promoting electronic driving permits and introducing artificial intelligence technology in customs to improve the efficiency of cross-border freight and customs clearance, reduce corruption risks, and reduce corporate expenses.
The State Administration of Taxation of China announced on the 12th that in the first nine months of this year, tax authorities across the country stopped announcing 12,028 untrustworthy entities, of which 1,219 achieved credit repair by paying off tax fines, a year-on-year increase of 30.93%.

Formosa Plastics' fourth-quarter performance was good in the third quarter, and it is optimistic that the fourth-quarter operation will be better than the third quarter. Among them, Formosa Plastics will benefit from the peak season and China's stimulus measures, while Nanya is confident in its high-end materials layout next year, saying that next year will be better.

Taiwan stocks fell for three consecutive times after hitting a record high. On Monday, the index once fell by more than 500 points, and ended up falling 11 points to close at 49,301 points. Although the Taiwan stock market fell for three consecutive days, Investment Bank went back to buy Formosa Plastics, buying more than 43,300 shares in three days, but the stock price still closed down 0.74%.